Skip to main content

Featured

5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
Post a Comment
Read more

article

Labels

Starmer Rejects Claims of UK Role in US Venezuela Strikes

                                                  British Prime Minister Keir Starmer
                        

Prime Minister Keir Starmer has firmly denied that Britain played any part in the United States’ recent military strikes on Venezuela, distancing the UK from a rapidly escalating international confrontation.

Speaking to reporters, Starmer said the UK “was not involved in any way” and emphasized that no British military assets or personnel supported the U.S. operation. He added that his government is working to verify details of the strike and intends to speak directly with U.S. leadership to gain clarity on the situation.

The Prime Minister also highlighted the importance of international law and confirmed that British officials are monitoring the safety of UK nationals currently in Venezuela.

The U.S. action has triggered widespread global reaction and heightened uncertainty about Venezuela’s political future. Starmer’s comments signal a clear effort to keep Britain at arm’s length from the unfolding crisis.


Labels:

Comments

Post a Comment